2024 DKK to PGK Historical Review

YEARLY HIGH

0.5959 PGK

YEARLY LOW

0.5381 PGK

YEARLY AVERAGE

0.5646 PGK

2024 DKK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.5959. Conversely, the yearly low was recorded on January 25, dropping to 0.5381.

This high-to-low spread represents a total annual volatility of 0.0578 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5461 to the December average rate of 0.5676, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5959 was up 6.45% compared to the 2023 peak of 0.5598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 2,980 PGK

2023 Average 2,614 PGK

Yearly Trough Low 2,691 PGK

Transaction Impact: A difference of 288.85 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5940

0.5418

JanuMarcMayJulySeptNove

DKK to PGK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5529, compared to 0.5762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 0.5529

H2 Avg (Jul–Dec) 0.5762

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0258 PGK (High: 0.5881 / Low: 0.5623). On the other end, May was the most stable month, with a tight range of 0.0120 PGK (High: 0.5666 / Low: 0.5546).

November Spread (Volatile) ±0.0258

May Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5896) against the same month in 2023 (average: 0.5218), the exchange rate shifted by +0.0678 (+13.00%).

2024 Avg (September) 0.5896

2023 Avg (September) 0.5218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5613	0.5381	0.5461
February	0.5534	0.5388	0.5463
March	0.5618	0.5424	0.5536
April	0.5573	0.5388	0.5492
May	0.5666	0.5546	0.5620
June	0.5688	0.5532	0.5604
July	0.5739	0.5543	0.5671
August	0.5919	0.5677	0.5800
September	0.5959	0.5809	0.5896
October	0.5928	0.5702	0.5799
November	0.5881	0.5623	0.5728
December	0.5739	0.5576	0.5676